US Geothermal Gets 26% PPA Price Boost
U.S. Geothermal Inc. announced that a 26.5% increase in the average power price is now in effect at its operating San Emidio power plant located northeast of Reno, Nevada. The current 3.6-megawatt (MW) capacity power plant is selling approximately 2.5 MW of electricity to NV Energy’s subsidiary Sierra Pacific Power Company (SPP) under an existing contract that expires after 2017.
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